$180,000
●
Condo -
Off Market
Undisclosed Address
Vero Beach, FL
2 Beds
2 Baths,
1
Half Bath
1,140 Ft²
$1,593
Est. Monthly
$442
HOA / Fees
About This Property
Enjoy easy coastal living in this move-in-ready villa in Tropic
Grove Villas. New patio just installed . Full set of accordion
hurricane shutters! Solid Vinyl water proof plank flooring and
updated kitchen and baths. Located just 2 miles from the
beaches, this two-level residence offers 1,140 sq ft of comfortable
living space. First floor features large living room with sliders
to fenced 20X15 private patio. Modern kitchen, sep
dining rm & convenient powder room & full-size washer and dryer.
Community pool, low association dues cover exterior, master
insurance, water, sewer. Pets allowed.
Unit Size
1,140 Ft²
Days on Market
55 days
Land Size
-
Price per sqft
$166
Property Type
Condo
Property Taxes
$222
HOA Dues
$442
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Indian River #295169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Mac Evoy Real Estate Co | $189,000 | |
| Listed by Mac Evoy Real Estate Co | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Assigned, Uncovered
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
Flooring Type: Carpet, Laminate
Door Features: Sliding Doors
Laundry Features: Lower Level, In Unit
Rooms: 5
Exterior Details
Has Property Attached
Square Footage: 1140
Square Footage Source: $0
Architectural Style: TwoStory
Year Built: 1979
Waterfront Features: None
Levels: Two
Window Features: Window Treatments
Construction Materials: Block, Concrete
Patio and Porch Features: Patio
Pool Features: Community, Pool
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $175,028
Tax Annual Amount: $2,668
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, CommonAreas, RecreationFacilities
HOA/Condo/Coop Amenities: DuesPaidMonthly
HOA Fee: $442
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Carolyn E Mac Evoy, Mac Evoy Real Estate Co
Last Updated: 6 months ago
Data Source: RAIRC, MLS# 295169
Last Updated: 6 months ago
Data Source: RAIRC, MLS# 295169
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